CANADA STOCKS-TSX may open flat with commodities up, data mixed

June 9 (Reuters) - Toronto's main stock index looked set to
open little changed on Thursday, as slightly firmer commodity
prices were offset by mixed Canadian and U.S. economic data.

The Canadian dollar pared early gains to trade flat after
the country unexpectedly reported a trade deficit for April,
compared with expectations of a small surplus. [CAD/]

FACTORS TO WATCH

* Canadian equity futures <0#SXF:> pointed to a slightly
lower open.

* U.S. stock index futures added to gains after a brief dip
on Thursday following the latest read on weekly initial claims
for jobless benefits. [.N]

* European shares fell for a seventh straight day in a
choppy session, with retailers under pressure on a grim
consumer spending outlook and banks falling ahead of the
European Central Bank's monthly rate-setting decision. [.EU]

* Markets in Asia were down as investors cut exposure to
risky assets on signs the global economy is losing steam.